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PERSONAL & CONFIDENTIAL

Date: 14/Feb/2022

OFFER OF EMPLOYMENT

Dear Venugopal Soma,

This is with reference to your interview(s) dated 14-February-2022 for the position of the “Management Trainee, US
Staffing, Level – L1 , Band – A1 ” at LanceSoft India Pvt. Ltd (“LanceSoft”). We are pleased to inform you that you have
been selected for the position stated above. Your initial place of posting will be at Hyderabad.

Your annual CTC will be 2,53,000 INR ( Two Lakh Fifty Three Thousand Rupees only )as detailed in ANNEXURE - A.
Please bring the original along with a photocopy of the following documents at the time of joining:

1.Educational Certificates (X, XII, Graduation, Post-Graduation)


2.Five recent passport size photographs
3.Photo ID Proof (Acceptable Documents: Passport/Voter ID/Driving License/PAN Card)
4.Current/last Employer’s offer/appointment letter
5.Relieving Letters (of all previous employments)
6.Pay slips and & Salary Account Statement of your current/last employment for the last three months

Failure to submit any or all of the above documents will result in an immediate termination of this offer.

Your employment with LanceSoft will be governed by LanceSoft’s policies, as modified, from time to time and
at LanceSoft’s sole discretion, upon notice to you. Annexure B provides a subset of the LanceSoft’s policies
that will govern your employment with us.

You shall initially be on probation for a period of one eighty days (180). Lancesoft's incentive scheme is recurring,
performance based and eligible once you complete the Calendar Quarter. And if you leave the company before 6 months
then you are not entitled for any leave balance encashment.

You shall join the services of LanceSoft on or before 21/Feb/2022 . If you choose to accept this offer, please provide us
your confirmation of acceptance. Offer stands canceled in case of non-acceptance, any deviations in the
information/documents provided by you, or if you fail to report on or before the 21/Feb/2022 without the prior approval of
LanceSoft Management.

We look forward to welcoming you to the LanceSoft team.

Yours’ Sincerely, Accepted,

<Signature> <Signature>
<Sidharth Jain> Venugopal Soma
(Senior Manager– India HR)

LanceSoft India Pvt. Ltd,


# 7/1, Near Kundalahalli
Gate Brookfield, ITPL Road,
Bangalore – 560066
ANNEXURE – A

Name: Venugopal Soma


Designation: Management Trainee
Department: US Staffing
Level: L1
Band: A1

Annual CTC 253000


CTC for Month 21083

Earnings Amount Monthly Deductions Amount Monthly

Basic Pay 8433 PF- Employee 1518


Dearness Pay 4217 Professional Tax 200
Employee Club Contribution
House Rent Allowance 5060 (Equal amount will be contributed 150
by the employer)
Conveyance/Transport 1600 ESIC 0
Medical Bills 0
Leave Travel Concession 0
Other Allowances 255
Performance Bonus 0
Monthly Cash Component 19565 Total Deductions 1868

PF Employer Component 1518

Total Monthly Gross Salary 21083

Net Pay 17697

Applicable tax would be borne by the employee

Yours’ Sincerely, Accepted,

<Signature> <Signature>
<Sidharth Jain> Venugopal Soma
(Senior Manager – India HR)

LanceSoft India Pvt. Ltd,


# 7/1, Near Kundalahalli
Gate Brookfield, ITPL Road,
Bangalore – 560066
ANNEXURE – B

1.0Personal Particulars:

You hereby confirm that the personal and other information provided by you is current and accurate. You will keep
LanceSoft informed of any change in your residential address, your family status or any other pertinent personal
information provided by you.

2.0Assignment, Transfer and Deputation:

Though you have been engaged for a specific location, LanceSoft reserves the right to send you on
deputation/transfer/assignment to any of the LanceSoft offices in India or abroad, whether existing at the time of your
appointment or to be set up in future.

3.0Termination:

3.1Your employment shall terminate immediately:


i)Upon LanceSoft giving you a thirty (30) days notice of termination for any reason, with or without cause; LanceSoft at its
sole discretion, may terminate you immediately by paying your basic monthly salary in lieu of giving you such notice;
and/or
ii)Upon LanceSoft’s notice to you, if you are in breach of any of the LanceSoft policies and procedures

3.2LanceSoft may terminate your employment immediately, with or without notice on the occurrence of your:
i)Non-performance of the duties, roles and responsibilities assigned to you
ii)Unauthorized absence, disclosure/misuse of LanceSoft’s confidential information, engaging in misconduct (willful,
intentional or otherwise)
iii)Involvement in any act of moral turpitude
iv)Obligations hereunder or being arrested, charged or convicted in any criminal or similar proceedings that involves a
matter which LanceSoft believes in its sole discretion may affect LanceSoft, its employees, contractors and/or clients

3.3You may at any time terminate your employment by giving thirty (30) days prior written notice to LanceSoft.

4.0Intellectual Property:

If during the period of your employment with LanceSoft, you achieve any invention, process improvement, operational
improvement, or other process/method likely to result in a more efficient operation of any of the activities of LanceSoft,
we shall be entitled to use, utilize and exploit such improvement and you shall assign all rights thereof to LanceSoft for
the purpose of seeking any patent rights or for any other purpose. LanceSoft will have the sole ownership rights of all the
intellectual property that you may create during the tenure of your association with LanceSoft including but not limited to
the creative concept that you may develop.
5.0 Secrecy/Confidentiality:

5.1 Use of Proprietary and Confidential Information: You will not,at any time, during the course of your employment
with LanceSoft and thereafter, divulge or disclose LanceSoft’s proprietary or confidential information to any third party or
entity including competitors and/or former employees without prior authorization of LanceSoft. You will not make any use of
LanceSoft’s proprietary or confidential information for your own or any purpose other than that of LanceSoft. Failure to do so
on your part shall result in your immediate termination and a legal action shall be taken against you and the third
party/entity to which the information was divulged.

5.2 Access to Information: Unauthorized access to LanceSoft’s proprietary or confidential information or an attempt to do
is strictly prohibited and shall result in an immediate termination of your employment and a legal action against you.

5.3 Restriction on Personal Use: Use of LanceSoft resources for personal use is strictly prohibited. This includes usage of
computer resources, information, internet service, assets, and working time of LanceSoft for any personal use. You will
under no circumstances carry any work home unless specifically approved by your manager. Any usage of LanceSoft
information for personal use will result in an immediate termination of your employment without notice and/or a legal action
as deemed appropriate. You may/may not, at the sole discretion of LanceSoft, be required to reimburse LanceSoft for any
losses incurred on account of personal usage of LanceSoft resources.

6.0 Appointment in Good Faith:

It must be specifically understood that this offer is made based on your proficiency in technical/professional skills you have
declared to possess as per your application for the employment and your ability to handle any assignment/job
independently. In case, at a later date, any of your statements/particulars furnished are found to be false or misleading or
your performance is not up to the mark or falls short of the minimum standards set by LanceSoft, we shall have the right to
terminate your services without giving any notice, notwithstanding any other terms and conditions stipulated therein.

The above terms and conditions are based on the company’s policy, procedures and other rules currently applicable and are
subject to the modifications, from time to time, at the sole discretion of LanceSoft.

By accepting and signing this offer letter, you agree to have thoroughly read, understood and will abide by the terms and
conditions set forth herein.

Yours’ Sincerely, Accepted,

Signature Signature
Sidharth Jain Venugopal Soma
(Senior Manager – India HR)

LanceSoft India Pvt. Ltd,


# 7/1, Near Kundalahalli
Gate Brookfield, ITPL Road,
Bangalore – 560066

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